Find and Keep Better Customers
When growth slows, it can feel like you work harder just to stay in the same place.
Sales and marketing teams always seem to be running hard, but growth doesn’t measure up
Your team promises solutions, but they boil down to spending more on the same activities
You have some great customers, but no clear idea WHY they're great or how to find more.
We’ve found that the answer is within easy reach:
Find the factors that make for good customers.
Organize and analyze your customer data
Apply machine learning to tell what decisively distinguishes the best customers from the rest
Set your team's sights on 3 or 4 changes in how they go to market
One clear playbook of tactics for finding the right customers: "Do more of this. Stop doing that."
Another playbook for growing customers
Hold your team accountable with metrics that reflect true growth
Carefully crafted metrics highlight growth vs churn
Simple graphs on a one-page dashboard
In about 8 weeks, your sales and marketing teams can head to market with new vigor
A clear idea whom they’re looking for
Direction for which tactics to spend on and which ones to cut
Focused lists of customers and behaviors to spend time and effort on (and whom not to)
Confidence that they know how to change their trajectory, working smarter not just harder
Playbook: E-commerce Pure Play Retailer
This young e-commerce retailer was growing fast but knew that their marketing had to be more efficient or growth would slow beyond their early adopter base.
Data: As a pure play, their e-comm platform identified customers perfectly. But to get a full picture, we joined up other data like email and contact with their famous customer service center.
Pivot Point analyzed best customers vs the rest, and put together a tactical playbook for them to follow. We didn't just analyze data - we got it into action in their team's hands.
Insights to Customer Longevity
We immediately saw that our e-comm heroes were in a tough spot: they were losing 2/3 of new customers after one order. In order to scale, their acquisition budget would have to be enormous.
But we found they had some tools in their gadget belt:
Customers who stayed were then very loyal
Those customers also had certain distinct features we could see before or at their first order
Certain categories and pack sizes
They more often had contact with customer service, making that a good thing, not an indicator of problems
They consumed more how-to content
They re-ordered in X days, half as long as the average interval their agency was using
After a brainstorming session, we and their team developed a playbook of tactics they could immediately implement.
Change Google adwords (a major acquisition source) to focus on the categories and pack sizes that attracted loyal customers
Make proactive service calls to customers who, after their first order, showed some, but not all characteristics of a loyal customer, in order to push them to loyalty
Expand video content (a hunch they already had begun acting on)
Shorten the window for re-order tactics